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General – Premia TNC 2024 Lunar New Year Holiday Notice

January 30, 2024

Taiwan – Foreigners Exempted from Applying for a Work Permit in Taiwan

Certain foreigners, including consultants, researchers, spouses of Republic of China citizens, and individuals engaged in specified activities or holding Academic and Business Travel Cards, are exempt from applying for work permits, while Working Holiday Visas and certain short-term engagements are considered entry visas deemed work permits.

January 30, 2024

Malaysia – Service Tax Rate Increases in 2024

The recent Budget 2024 proposes a service tax rate increase from 6% to 8% in Malaysia, effective March 1, 2024, excluding essential services. The adjustment expands the tax scope to include logistics, brokerage, underwriting, and karaoke services, signaling a notable fiscal reform with implications for both the economy and individual spending, subject to effective implementation and market adaptability.

January 30, 2024

Vietnam – KP Aero Industries Invested 20 million USD in the Aircraft Components Factory in Da Nang

KP Aero Industries secures an Investment Registration Certificate for its 20 million USD KP Vina Aviation Components Factory in Da Nang Hi-Tech Park, focusing on Boeing aircraft parts. The project aims to enhance Da Nang's position in the global aviation industry, with construction set to commence in February 2024 and operations starting by the end of 2024. In 2023, the park attracted 19 new projects, bringing the total investment to 3,413 million USD across 526 projects.

January 30, 2024

Singapore – Estate Duty has been Removed for Deaths on and after 15 Feb 2008

Estate duty is a tax on the total market value of a person's assets at the time of death, encompassing everything owned in their name, jointly owned assets, gifts within five years of death, gifts with retained benefits, and assets held in trust providing personal benefits, with exemptions often applied.

January 30, 2024

Hong Kong – Toll-free Policy for Small Passenger Vehicles on the Hong Kong-Zhuhai-Macao Bridge during the Lunar New Year Holiday

Enjoy toll-free travel on the Hong Kong-Zhuhai-Macao Bridge for small passenger vehicles from February 9th to 17th, 2024, during the Lunar New Year Holiday. Also, approved Hong Kong cars can apply online for the Northbound Travel for Hong Kong Vehicles scheme, effective July 1, 2023, for travel between Hong Kong and Guangdong.

January 30, 2024

Exclusive Markdowns! – Enhance Your Business with Vietnam Compliance Consultancy

Discover unparalleled Vietnam Compliance Consultancy Services from Premia TNC. Navigate regulatory landscapes seamlessly, ensuring your business thrives in Vietnam's dynamic market. Contact us for expert guidance on sustainable success.

January 24, 2024

Singapore – The Responsibilities of Nominee Directors in Singapore

When it comes to setting up a company in Singapore, a common practice is the appointing of nominee directors. These are individuals appointed by a company to act as a director on its board. However, they typically have no active role in the company's management and are often appointed for specific purposes, such as meeting regulatory requirements.

January 23, 2024

Taiwan – Asset Revaluation applies on February onwards

When the Producer Price Index(PPI) increases by more than 25%, profit-making enterprises may apply for asset revaluation if they acquire assets in such years. The revaluation difference is exempted from income tax on income, and depreciation, depletion or amortization may be added in accordance with regulations.

January 23, 2024

Malaysia – Termination of Service

Where the employer is about to cease to employ an employee who is or is likely to be chargeable to tax in respect of income from the employment or an employee under his employment dies, the employer is required to furnish Form CP22A / CP22B not less than 30 days before the cessation of employment or not more than 30 days after being informed of the death.

January 23, 2024

Hong Kong – Understanding Holiday Journey Benefits in Hong Kong’s Salaries Tax

In Hong Kong, personal tax usually refers to salaries tax. This article provides you with an overview of Hong Kong’s salaries tax on how to handle Holiday Journey Benefits.

January 22, 2024

Contact Us

Hong Kong

PREMIA TNC LIMITED

Unit 706, 7/F, South Seas Centre Tower 2, No.75 Mody Road, Tsim Sha Tsui, Hong Kong

Contact Person

Irene Tsang
Aeris Lam

Contact Number

(+852) 6484 3419

Email

[email protected]

Singapore

Premia TNC (Singapore) Pte. Ltd.

8 Marina View, #39-04 Asia Square Tower 1, Singapore 018960

Contact Person

Amy Tan
Luis Wong

Contact Number

(+65) 9816 1884

Email

[email protected]

Taiwan

Premia TNC (Taiwan) Ltd.

18F-2, No.163, Sec. 1, Keelung Rd, Xinyi Dist, Taipei City 110, Taiwan (R.O.C)

Contact Person

Wells Lee

Contact Number

(+886) 988 057 215

Email

[email protected]

Vietnam (Hanoi)

Premia TNC (Vietnam) Co. Ltd.

4/F, Epic Tower, Alley 19, Duy Tan Street, My Dinh 2 Ward, Nam Tu Liem District, Hanoi, Vietnam

Contact Person

Vincent Truong

Contact Number

(+84) 964 705 550

Email

[email protected]

Vietnam (Ho Chi Minh)

Premia TNC (Vietnam) Co. Ltd.

3/F, Sonatus Building, 15 Le Thanh Ton Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Contact Person

Vincent Truong

Contact Number

(+84) 98 396 4794

Email

[email protected]

Malaysia (Johor Bahru)

Premia TNC (Malaysia) Sdn. Bhd.

G-05, Residensi Eko,Jalan Eko Botani 3/5, Taman Eko Botani, 79100 Iskandar Puteri, Johor Darul Takzim, Malaysia.

Contact Person

Lily Lim

Contact Number

(+60) 16 709 9778

Email

[email protected]

Malaysia (Kuala Lumpur)

Premia TNC (Malaysia) Sdn. Bhd.

Suite 6-1, Level 6, Lobby A, Wisma UOA II, No. 21 Jalan Pinang, 50450 Kuala Lumpur

Contact Person

Mandy Siew

Contact Number

(+60) 18 256 1688

Email

[email protected]

Korea

Premia TNC Korea Limited

5F, K-Square, 161 Yanghwa-ro,
Mapo-gu, Seoul, South Korea

Contact Person

Jennifer Seo

Contact Number

(+82) 10 4075 7630

Email

[email protected]

China

Premia TNC (Xiamen) Limited

Room 2501, Ocean Mansion, No.268 Lujiang Road, Siming District, Xiamen, Fujian, China

Contact Person

Vicky Lin

Contact Number

(+86) 592 5790 695

Email

[email protected]

UAE (Dubai)

Premia TNC (Middle East) - FZCO

Dubai Silicon Oasis, DDP, Building A1, Dubai, United Arab Emirates

Contact Person

Irene Tsang
Catherine Kim

Contact Number

(+971) 58 592 7573

Email

[email protected]

India

Premia TNC India Limited

A40, Sector80, PhaseⅡ, Noida, Dist.Gautam Budha Nagar, UP 201305 India

Contact Person

Hema Sehgal

Contact Number

(+91) 813 0926 041

Email

[email protected]

Indonesia

Premia TNC Indonesia Limited

One Pacific Place 15th Floor
Jl. Jend. Sudirman Kav.
52-53 Jakarta 12190 Indonesia

Contact Person

Indonesia PIC

Contact Number

(+62) 21 2783 8318

Email

[email protected]

Since 2003, PREMIA TNC LIMITED in Hong Kong, Singapore, Malaysia, Vietnam, Taiwan, Korea, China, UAE, India and Indonesia.